The "Global Pressure Transmitter Market Report by Type, Sensing Technology, Fluid Type, Application, End-Use Industry, and Region 2024-2032" report has been added to ResearchAndMarkets.com's offering.
The global pressure transmitter market size reached US$ 3.2 Billion in 2023. Looking forward, the market is projected to reach US$ 4.2 Billion by 2032, exhibiting a growth rate (CAGR) of 3.07% during 2023-2032.
The emerging trend of automation for industrial optimization is one of the key factors driving the growth of the market. The integration of digital communication interfaces, which offer remote calibration and diagnostics, is rapidly replacing traditionally used analog pressure transmitters.
Besides being increasingly utilized in industrial machinery, these transmitters also find extensive application in consumer electronics for indoor navigation and creating an overall user-friendly interface, among other purposes. Additionally, the continuously rising healthcare sector is also favoring the market growth. Pressure transmitters are used to transmit blood pressure information from the catheter to the patient's monitoring system.
Also, steam sterilizers used in hospitals utilize these transmitters to regulate the quality of steam produced by maintaining the pressure inside the sterilization chamber. Other factors, such as increasing investments in the energy industry, coupled with the enhanced adoption of technologically advanced variants for reducing human errors, are projected to drive the market in the upcoming years.
This report provides a deep insight into the global pressure transmitter market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the pressure transmitter market in any manner.
Key Questions Answered in This Report
- What was the global pressure transmitter market size in 2023?
- What will be the global pressure transmitter market outlook during the forecast period 2024-2032?
- What are the global pressure transmitter market drivers?
- What are the major trends in the global pressure transmitter market?
- What is the impact of COVID-19 on the global pressure transmitter market?
- What is the global pressure transmitter market breakup by type?
- What is the global pressure transmitter market breakup by sensing technology?
- What is the global pressure transmitter market breakup by fluid type?
- What is the global pressure transmitter market breakup by application?
- What is the global pressure transmitter market breakup by end use industry?
- What are the major regions in the global pressure transmitter market?
Key Attributes:
Report Attribute | Details |
No. of Pages | 141 |
Forecast Period | 2023 - 2032 |
Estimated Market Value (USD) in 2023 | $3.2 Billion |
Forecasted Market Value (USD) by 2032 | $4.2 Billion |
Compound Annual Growth Rate | 3.0% |
Regions Covered | Global |
Competitive Landscape
- ABB Ltd
- Dwyer Instruments Inc
- Emerson Electric Co.
- Endress+Hauser Consult AG
- General Electric Co
- Honeywell International Inc.
- Sensata Technologies Inc.
- SensorONE Ltd
- Siemens AG
- Yokogawa Electric Corporation
Key Market Segmentation
Breakup by Type:
- Absolute Pressure Transmitters
- Gauge Pressure Transmitters
- Differential Pressure Transmitters
- Multivariable Pressure Transmitters
Breakup by Sensing Technology:
- Strain Gauge
- Capacitive
- Piezoelectric
- Others
Breakup by Fluid Type:
- Liquid
- Steam
- Gas
Breakup by Application:
- Flow
- Level
- Pressure
Breakup by End-Use Industry:
- Oil & Gas
- Power Generation
- Water & Wastewater
- Food & Beverages
- Chemicals
- Metals & Mining
- Pulp & Paper
- Pharmaceuticals
- Others
Breakup by Region:
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- North America
- United States
- Canada
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Chile
- Peru
- Others
- Middle East and Africa
- Turkey
- Saudi Arabia
- Iran
- United Arab Emirates
- Others
For more information about this report visit https://www.researchandmarkets.com/r/fudod4
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View source version on businesswire.com: https://www.businesswire.com/news/home/20240617197178/en/
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